Why gold should be an important part of the portfolio
Gold, a precious metal that has captivated humanity for centuries, holds a special place in the world of investments. In today's digital age, where cryptocurrencies are gaining popularity, why should you consider adding gold to your portfolio? Let's explore the reasons why gold is an important asset to consider.
Tangible Security
Unlike cryptocurrencies, which exist solely in the digital realm and are vulnerable to hacking or technological failures, gold is a physical and tangible asset. Holding gold in your portfolio provides a level of security that digital assets cannot match. Regardless of technological advancements or potential cyber threats, gold remains a reliable store of value. Just in case bitcoin code is having a vulnerability. The rise in gold will help to cover the dip in crypto side of the portfolio.
Stability and Diversification
Financial markets can be volatile, with unpredictable fluctuations and uncertainties. During times of economic instability, gold tends to hold its value and often experiences an increase in demand. Adding gold to your portfolio can help diversify your investments and provide stability, especially during turbulent market conditions.
Safe Haven Asset
Geopolitical events, economic crises, and currency devaluations can significantly impact financial markets. In such times, gold has often served as a safe haven, providing a hedge against economic turmoil. Its historical track record as a reliable store of wealth has made it a sought-after asset during times of uncertainty.
Intrinsic Value
Gold's value extends beyond its investment potential. It has cultural and aesthetic value, making it a desirable metal for jewelry and artistic creations. The beauty and allure of gold make it a timeless asset that transcends financial considerations.
Limited Supply and Scarcity
Gold is a limited resource, making it inherently scarce. The supply of gold is finite, and its extraction is a complex and resource-intensive process. As global demand for gold continues to rise, especially in emerging markets, its scarcity contributes to its long-term value.
It's important to note that investing in gold should be approached with careful consideration and in consultation with a financial professional. Each individual's financial goals and risk tolerance may vary, and a diversified portfolio should take into account one's unique circumstances.
In conclusion, gold offers tangible security, stability, diversification, safe haven characteristics, intrinsic value, and scarcity, making it an important asset to consider for your investment portfolio. By adding gold to your portfolio, you can enhance your investment strategy and potentially mitigate risks associated with digital assets or economic uncertainties.
Note
This article is for informational purposes only and does not constitute financial advice. It is recommended to consult with a financial professional before making any investment decisions.
Why Bitcoin is better than Dollar?
In today's digital era, Bitcoin has emerged as a promising alternative to the traditional US dollar. Let's delve into the reasons why Bitcoin is gaining popularity and why it is considered superior to the US dollar.
Portability:
Bitcoin offers unparalleled portability compared to the US dollar. Being a digital currency, Bitcoin can be easily stored and transferred across borders with just a few clicks. Unlike physical dollars, Bitcoin knows no boundaries, making it more convenient for international transactions.
Divisibility:
Bitcoin's divisibility sets it apart from the US dollar. With Bitcoin, you can own a fraction of a coin as it is divisible up to eight decimal places. This enables precise transactions, especially for micro-payments, which is not feasible with the limited divisibility of the US dollar.
Security Features:
Bitcoin boasts advanced security features that make it highly resistant to counterfeiting. Its transactions are protected by sophisticated cryptographic technology, making them extremely secure and virtually impossible to counterfeit. In contrast, the US dollar continues to face ongoing challenges with counterfeiting.
Scarcity:
Scarcity plays a crucial role in determining the value of a currency. Bitcoin excels in this aspect as it has a limited supply of 21 million coins. This inherent scarcity ensures that Bitcoin remains protected against excessive inflation. On the other hand, the US dollar's supply continues to expand exponentially, which may lead to devaluation over time.
Conclusion:
In the digital age, Bitcoin offers significant advantages over the US dollar. Its portability, divisibility, and resistance to counterfeiting make it a reliable and secure form of currency. Furthermore, Bitcoin's limited supply ensures its value is preserved, setting it apart from the ever-expanding supply of US dollars. As we move forward, Bitcoin stands as a promising contender for the future of currency.
Note: This article aims to provide a simplified overview of the advantages of Bitcoin over the US dollar. It is recommended to conduct further research and seek professional advice before making any financial decisions.
Introduction:
Money, an integral part of our daily lives, serves as a medium of exchange, allowing us to trade goods and services. In this article, we will explore the fundamental aspects of money, its functions, and the key properties that make it an effective tool for economic exchange.
What is Money?
Money can be defined as a versatile asset that fulfills three essential functions in an economy: a store of value, a unit of account, and a medium of exchange.
Store of Value:
One of the primary functions of money is to serve as a store of value. It allows individuals to save their wealth over time, preserving its purchasing power. Money provides a reliable mechanism to hold and accumulate wealth, ensuring that it can be accessed and utilized in the future.
Unit of Account:
Money acts as a common unit of account, facilitating the measurement and comparison of the value of goods, services, and assets. It provides a standardized means of evaluating prices, wages, and financial transactions. This uniformity in valuation simplifies economic calculations and enables efficient resource allocation.
Medium of Exchange:
Money serves as a widely accepted medium of exchange, facilitating the smooth flow of economic transactions. It eliminates the need for cumbersome barter systems, allowing individuals to easily trade goods and services with one another. Money's acceptance and recognition as a medium of exchange contribute to the functioning and growth of the economy.
Properties of Money:
To effectively fulfill its functions, money possesses several key properties:
Durability:
Money should be durable and able to withstand physical wear and tear over time. It should maintain its form and usability, ensuring its long-term value as a medium of exchange.
Divisibility:
Money should be divisible into smaller units to accommodate different price points and enable precise transactions. This divisibility enhances flexibility in exchanging goods and services, allowing for efficient economic activity.
Portability:
Money should be easily portable, enabling individuals to carry and transfer it conveniently. This portability ensures that money can be used in various locations and facilitates the mobility of funds.
Fungibility:
Money should be fungible, meaning that each unit of money is interchangeable with another unit of the same denomination. This interchangeability ensures that every unit of money holds the same value, simplifying transactions and facilitating the acceptance of money as a medium of exchange.
Scarcity:
Money should have a limited supply to maintain its value over time. Scarcity prevents excessive inflation and preserves the purchasing power of money. By limiting its supply, money retains its desirability and serves as a reliable store of value.
Acceptance:
For money to function effectively, it must be widely accepted and recognized within a given economy. Acceptance ensures its usability as a medium of exchange and reinforces its value in economic transactions.
Security Against Counterfeiting:
Money should possess security features that make it difficult to counterfeit. The incorporation of advanced technologies and safeguards helps maintain the integrity of money and protects against fraudulent practices.
Gold, Silver and Bitcoin
Gold and silver, historically recognized as valuable assets, possess all the aforementioned properties of money. They have been used for centuries as stores of value, units of account, and mediums of exchange. Their scarcity and physical properties contribute to their acceptance and reliability as forms of money.
Bitcoin, a decentralized digital currency, also fits all the criteria of money. It can be considered as a synthetic electronic gold, offering enhanced portability and divisibility compared to traditional forms of money. Bitcoin's blockchain technology ensures security and transparency, making it an innovative and efficient medium of exchange.
The Dollar's Scarcity Concerns:
While the dollar serves as a widely accepted medium of exchange, its scarcity is debatable. The increasing supply of dollars, driven by monetary policies and inflation, raises concerns about its long-term value. The relatively unlimited printing of dollars dilutes its scarcity, potentially impacting its purchasing power over time.
Conclusion:
Money plays a vital role in our economic systems, serving as a store of value, a unit of account, and a medium of exchange. Its properties of durability, divisibility, portability, fungibility, scarcity, acceptance, and security against counterfeiting collectively contribute to its effectiveness in facilitating economic transactions. Understanding the nature and functions of money is crucial for comprehending the dynamics of financial systems and making informed decisions in managing personal finances.
Note: This article aims to provide a simplified overview of the concept of money and its properties. It is recommended to conduct further research and seek professional advice for a comprehensive understanding of financial matters.
Now that USDC is unpegged & other stablecoins like USDT is likely to follow
Think
AMPLEFORTH - Rebasing algorithmic stable currency which is also inflation resistant
And if u want to remove rebase from the equation then AMPL SPOT a derivative of $AMPL
Satoshi thoughts one week after $bitcoin whitepaper.
If there was some clever way, or if we wanted to trust someone to actively manage the money supply to peg it to something, the rules could have been programmed for that.
Stacker News
Satoshi thought one week after bitcoin whitepaper - Is there any opportunity? \ stacker news ~bitcoin
One week after publishing his whitepaper Satoshi says this. If there was some clever way, or if we wanted to trust someone to actively manage the m...
Stacker News
Stacker improvement Proposal - SIP-901 - Post investment and dividends \ stacker news ~bitcoin
Post investment and dividends Stacker improvement Proposal - SIP-901 Objective To incentivise investors to find out all the best posts that are lik...
Post investment and dividends
Stacker improvement Proposal - SIP-901
Objective
To incentivise investors to find out all the best posts that are likely to perform for a long time.
To increase the visibility and life of the best quality content.
To incentivise authors to generate and post high quality content.
Method
Any user tipping for a post within the first 24 hours of a post will be the post investor
End of the 24 hours the shares holding structure of each post is decided wher
Beginning of the implementation of the protocol. All the previous posts in stacker can have the initial 24 hours of investment round. Thereafter each post from the time of post 24 hours will be counted for investments
The initial 24 hours whatever is generated as zaps goes straight to the authors account.
After the 24 hours whenever the 50% of the total Satoshi zaps for that post for a lifetime will go to the original poster. Remaining 50% will be distributed as dividends to the investors of the post based on their investment proportion to the total amount invested into that post during the first 24 hours.
What is #money? How #bitcoin matters?
People are working 100 times harder to earn the same satoshis by generating content than they are doing to earn fiat. At least I am doing that.
#[0]
#[1]
#[2]
# Stacker News improvement proposals
1. U can use any hashtags along with the posts
2. Searching posts based on hashtags
3. following authors
4. following hashtags
5. in addition to recent and top and jobs there can be another top level menu 'like minded zaps'
6. Like minded lists all the posts with the hashtags that i have liked most in my life time and authors who post on those my liked hashtags and those authors posts whom i have liked multiple times . Weightage is assigned like
7. To open this menu i need to zap at least 5 different posts
## HW hashtag weightage
the % of time i have zapped satoshis for that hashtag amongst all other hashtags - there may be hundreds of hashtags and i have zapped for #nostr and #coding say 2% and 3% each of my total zaps - so for each hashtag i have a hashtag weightage assigned - my account will be associated with only my top 5 hashtags
## myhashtags - each accounts will have 5 hashtags added to their account dynamically based on my zapping posts ( In future weightage can be added for the myhashtags of authors whom i follow
## AW author weightage
the % of time an author is using the hashtag in his total usage of hashtags
## AHRW author hastag reputation weightage
% of total satoshi earned by that author on that hashtag out of the total satoshis earned by all authors in the same hashtag.
## PRW post reputation weightage
% of total satoshi earned by that post compared to the total satoshi earned by all posts using the same top 5 hashtags during the month
## TPW total post weightage = HW x AW x AHRW x PRW
> The posts under this section `like minded zaps` are displayed in such a way that the post with maximum TPW is displayed first as the First 5 posts
> The next 3 posts will be the most recent posts on the same hashtags with highest HW
> The next 3 posts will be the most recent posts on the same hashtags with highest AW
> The next 3 post will be the most recent posts on the same hashtags with the highest AHRW
> The next 3 post will be the most recent posts on the same hashtags with the highest AHRW
Out of the 12 recent posts some of the posts will start gaining more zaps and satoshis and thereby gain more visibility in the section 'like minded zaps'
Without much programming knowledge - How i cloned and deployed a #nostr client #blogstack in less than 30 minutes using google and stackoverflow
@jac
#[0]
@drie